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BRIEF-Moody's says Australia's economy displays resilience to commodity price declines
October 12, 2016 / 2:47 AM / a year ago

BRIEF-Moody's says Australia's economy displays resilience to commodity price declines

Oct 11 (Reuters) - Moody‘s:

* Moody’s - Australia’s economy displays resilience to commodity price declines, but external financing risks linger

* Moody’s - Moody’s investors service says that Australia (Aaa stable) will be the fastest growing Aaa-rated commodity exporting economy in 2016

* Moody’s - expects Australia to maintain higher GDP expansion than Canada and Norway, and a similar rate to New Zealand over coming years

* Moody's - expects Australia's fiscal deficits to remain wider for longer than the government forecasts, and to be higher than in New Zealand and Norway Source text: bit.ly/2dJIhtV

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